Aud/Chf just did .9491 : Does it have any idea to reverse at all?
We got a strong one-candle move for the pair, but then it went right back in the UP. The pair is getting ready to collapse again. Watch for a reaction at the WR1 at .9506, and possibly the WR2 at .9605. If the WR1 does not contain, then it does not have much farther to go beyond the WR2.
Is the up done for the Eur/Usd or are you still holding your longs?
No, when it failed just under last week's WR2 and it was extreme on the hourly and 4-hour, I took it out, and now looking for another entry around 1.3312. I will still probably bypass it. I like the way the GBP/NZD is shaping up.
As per my Weekly Forecast, the WS1 at 1.3312 should contain.
Correct me if I am wrong, but is there a bullish 1-2-3 on the hourly chart of Fiber?
As long as the recent dip holds up and the move is made quickly. There is symmetry attached to a 1-2-3. Once it turns broad based, then it becomes something else. I'm not into candlestick patterns, except the 1-2-3 and dojis forming at key S&R areas, so candlesticks are not my expertise.
We got a strong one-candle move for the pair, but then it went right back in the UP. The pair is getting ready to collapse again. Watch for a reaction at the WR1 at .9506, and possibly the WR2 at .9605. If the WR1 does not contain, then it does not have much farther to go beyond the WR2.
Is the up done for the Eur/Usd or are you still holding your longs?
No, when it failed just under last week's WR2 and it was extreme on the hourly and 4-hour, I took it out, and now looking for another entry around 1.3312. I will still probably bypass it. I like the way the GBP/NZD is shaping up.
As per my Weekly Forecast, the WS1 at 1.3312 should contain.
Correct me if I am wrong, but is there a bullish 1-2-3 on the hourly chart of Fiber?
As long as the recent dip holds up and the move is made quickly. There is symmetry attached to a 1-2-3. Once it turns broad based, then it becomes something else. I'm not into candlestick patterns, except the 1-2-3 and dojis forming at key S&R areas, so candlesticks are not my expertise.
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